As a derivative of #HEX it amplifies the price action both to the upside and downside
looking for a test of this resistance zone
let's see how both tokens are performing once it gets there.
KEY: white=monthly, purple=weekly, red=daily, yellow=4 hour.
For the macro: want to see a monthly candle close in the green above that bottom dashed level that’s white and .0000032142 to gain them as support in the future
One layer lower to the weekly: mirroring has commence between weekly break to weekly break. Left most arrow got hit to dollar by the 3rd...
Initially the 'Elliot wave absolute' indicator was projecting a retracement to the Fib.1 level as part of wave C.
It now looks like the retracement will go to 0.168 as wave C.
The buying pressure is resulting in a less dramatic downtrend.
Box indicates area to start accumulating and hoping for an upwards bounce.
The introduction of the Icosa app into the Hedron platform
Has given life to this Defi suite of products, that work in conjunction with HEX
As the chart shows the announcement and Launch of the app.icosa.pro
Was a huge catalyst for the price and the engagement with these very successful products.
The main driver for the next leg up (if it occurs) is the slew...
HDRN has literally been on a bull run since June 14th
I published that chart as a 80% probability a new
bottom was formed. When the news and others
were calling "DO NOT BUY" they forget what the chart
is showing us, historic low RSI oversold, which
means its at or near the low and the asset must
go up. i created this chart again on July 24th
bc it had completed...
I'm super bullish on HDRN in the long term, fantastic project, will be HODLING together with HEX.
slightly concerning when looking at the Elliot wave indicator after this great run - potential wave C incoming?
Let me know your thoughts, would be super interested to know when the Elliot wave theory is invalidated so I can throw some more $$ ;-)
HEDRON Daily chart
now...with HDRN, lots to talk about, but lets just
look at the chart. When any chart is above the
"bull market support ribbon" while the DeMark
9 is showing a possible bottom, and the RSI
bounced off the bullish trendline, this token
is in extreme BULL MODE. look at next supports
and resistcmces for price targets.
HDRN has literally been on a bull run since June 14th
I published that chart as a 80% probability a new
bottom was formed. When the news and others
were calling "DO NOT BUY" they forget what the chart
is showing us, historic low RSI oversold, which
means its at or near the low and the asset must
go up. i created this chart again on July 24th
bc it had completed...
HDRN is forming a HUGE cup & handle bullish pattern . Measured move could send it to new ATH ,+2770% (27x) from here.
But first handle has to form , retrace to .318 fibo is quite normal ( @ 39900)
If price will retrace deeper ,C&H will somewhat invalidated.
0.618 fibo retrace is at 25500 (bulls last frontier)
Incredible action in this bear market.
I expect some sort of pullback as it is also the 0.786 Fib retracement level
Congratulations to those followers who caught any part of this run...
Is it over?
for now maybe, as some rest is likely before a challenge and break of new all time highs
Much like #NFT's have a floor price
I believe Hedron has an underlying...
HEDRON Daily chart
now...with HDRN, lots to talk about, but lets just
look at the chart. When any chart is above the
"bull market support ribbon" while the DeMark
9 is showing a possible bottom, and the RSI
bounced off the bullish trendline, this token
is in extreme BULL MODE. look at next supports
and resistcmces for price targets.
Inv Head and shoulders is forming
Soon to trigger!
#HDRN has been an outperformer versus #HEX as expected
But the complimentary nature of the ecosystem is also having wonderful positive effects for #HEX fundamentals as well.
Namely being an extra sinkhole for HEX supply!
Not only do I think this head and shoulders will perform.. but its just setting up fo...
Otherwise known as head and shoulders...measured move would be disastrous...so I would be looking so DCA in this area...so set a tight stop loss. Remember...if BTC tanks...it's taking all the markets down
with it simply because everyone will be moving their liquidity into the DOLLA baby...waiting for that 10k BTC...😂🤣😂
I got lucky on my entry
This could knock off two zeros before PLS launches right in the middle of the crypt carnage?
Story is the currency. Hedron turns HEX stakes into short/medium duration bond alternatives. 2,3,5,10,15's now have an alternative. It's a great concept.
Soon they will begin to exhibit yield curve patterns.
Pump in the #Pulsechain mainet launch.
Will liquidity providers remove their tokens prior to launch???
Especially on the USDC side!
And switch into crypto assets like HEX , Hedron with less admin key risk for the copy?
This could create a HVF for Hedron
a #Hex pump would also be positive tailwind for hdrn.
Still in the golden reload zone.
Medium term I believe a 5X appreciation in price is a distinct possibility.
Also a copy of the coins on #Pulsechain is another Bullish factor.
Speculators may favour to punt on #HDRN over #HEX in the run up to main-net launch????
That is certainly a possibility!
(Pulsechain's imminent launch seems to be end of April ,...
